Telenet’s board of directors proposes a gross dividend per share of €1.3750 to the April 2021 Annual General Shareholders’ Meeting

The enclosed information constitutes regulated information as defined in the Royal Decree of 14 November 2007 on the obligations of issuers of financial instruments admitted to trading on a regulated market. Inside information.

Mechelen, February 11, 2021 – Telenet Group Holding NV (“Telenet” or the “Company”) (Euronext Brussels: TNET) announces that its board of directors will propose a gross dividend per share of €1.3750, equivalent to €150.1 million1, to its shareholders at the April 28, 2021 Annual General Shareholders’ Meeting. Today’s announcement is consistent with the tightened shareholder remuneration policy as communicated at the end of October 2020. The dividend will be paid using available cash and cash equivalents.


[1] Based on 109,243,261 dividend-entitled shares as per February 11, 2021, excluding 4,598,558 treasury shares which are not dividend-entitled

Press release TNET_dividend 2020_vFINAL (ENG).pdf - 270 KB

 

 

Financial
About Telenet Group NV/SA

As a provider of entertainment and telecommunication services in Belgium, Telenet Group is always looking for the perfect experience in the digital world for its customers. Under the brand name Telenet, the company focuses on offering digital television, high-speed Internet and fixed and mobile telephony services to residential customers in Flanders and Brussels.

Under the brand name BASE, it supplies mobile telephony in Belgium. The Telenet Business department serves the business market in Belgium and Luxembourg with connectivity, hosting and security solutions. More than 3,000 employees have one aim in mind: making living and working easier and more pleasant.

Telenet Group is part of Telenet Group Holding NV and is quoted on Euronext Brussel under ticker symbol TNET. For more information, visit www.telenet.be. Liberty Global - one of the world’s leading converged video, broadband and communications companies, innovating and empowering people in six countries across Europe to make the most of the digital revolution – owns a direct stake of 58.28% in Telenet Group Holding SA/NV (excluding any treasury shares held by the latter from time to time).


The BASE newsroom can be found at press.base.be

Telenet Group NV/SA
Liersesteenweg 4
2800 Mechelen